Econo Blogging
I have written several posts pointing to the role economics blogs play in the media, and am sorting out strengths and weakness to be addressed...
Category : Opinions Uncensored
It appears as though Nassim N. Taleb is an overrated windbag.
Nassim Taleb @nntaleb is a classic snake oil salesman. He states blindingly obvious non-maxims for the deranged and ill-informed at CNBC and Davos who lap...
Modeling the Wealth, Income, and “Saving” Effects of Redistribution: More is Better?
It has long seemed to me that redistribution is, for some reason, necessary for the emergence, continuance, and growth of large, prosperous, modern, high-productivity monetary...
Rise of Intelligent Machines Will Open “Pandora’s Box” Threatening Human Extinction
As robots keep replacing human workers in manufacturing and now retail and food servicing, fears have arisen that artificial general intelligence (AGI) machines will threaten...
Reflections on Meaning of “Last Minute”; The Most Productive Workers on the Planet
Progress on the alleged fiscal cliff has been non-existent. Obama wants tax hikes on the wealthy, Republicans want to close loopholes. With little possibility of...
Source: Deutsche Bank Fulfilled Recent Gold Repatriation Request With Tungsten Salted Gold
An Austrian banking source has reportedly claimed that Deutsche Bank ‘fulfilled’ one gold repatriation in recent years with the help of Tungsten and further claims...
The Miasma School of Economics
I’ve been reading Steven Johnson’s The Ghost Map, about the London cholera epidemic of 1854, and one passage reminded me exactly of today’s economics discipline....
Politics and Specific Policies
by Robert Waldmann At Frum forum Justin Green extensively quotes Jeb Golonkin on how conservatism could be much better if conservatives made specific policy proposals. ...
Via Barry Ritholtz’s Big Picture comes this PBS six minute …
Via Barry Ritholtz's Big Picture comes this PBS six minute video on why health care costs so much. Watch Documentary: Why Does U.S. Health Care...
EU Budget Laugh of the Day “No One Is Discussing Quality”
For now, the EU budget talks have collapsed. One major problem is cross agendas. All 27 nations have to agree to budget changes, and disputes...